A way of politely calling bullshit when someone tries to give you an unbelievable excuse, line, lie, or over exaggeration.
by POP Gurl June 05, 2011
fanny is a euphemism for the buttocks. So the exclamation "My Aunt Fanny!" or "My great Aunt Fanny!" is to say
"My ass!" as something of a perturbed rebuttal or reply
"My ass!" as something of a perturbed rebuttal or reply
by theguywhobrokethebank November 02, 2013